Includes the date, weight, and purity. If for any reason, you have a problem, please feel free to call us. The History of Gold South African Krugerrands. What is the difference between a Krugerrand and a Cougaran? Collectible (lower mintage). Sold individually or in units of 10 coins. Today's Ask price per one ounce coin for buying in units of ten is: $1, 906. So technically you're within your rights to exchange a Krugerrand for the equivalent cash value of 1oz of gold. • The gold price is priced US Dollar and therefore dependent on the Dollar exchange of your currency. The idea behind the coin was to create something that would appeal to collectors and investors. Kruger is famous as the South African leader of the Boers against the British Empire in 1899-1902 Boer War. It was the first modern bullion coin, invented as a convenient way for individuals to buy and sell investment-grade gold. 103 grams, the gross weight of the coin is slightly over a troy ounce at 1.
The copper is added to provide durability and strength to the coin. On the Krugerrand Gold coin, the springbok seems to be jumping into action, while President Kruger is a reminder of 19th century South African political and military affairs. Plus, unlike the 9999 variants, you can reliably ping test it without denting, and it sounds beautiful, no thud with this coin, and no need for silly plastic capsules. Quantity||Check/Wire||Credit Card|.
Krugerrand gold coins are produced in the classical 22 karat alloy. The Krugerrand gold coin is much sought after by investors because the Krugerrand is globally recognised. After gold was found in Witwatersrand Great-Britain had a "great" interest to annex Transvall and Oranje republic into their colony South Africa. However, Austria issued 100 Corona restrikes after the 2016 death of Franz Joseph to commemorate his reign. This classic Gold coin is beloved worldwide for its fine Gold content and iconic design. The history of the South African Mint goes back to the opening of the first state mint in Pretoria in 1892. Weight:||Spot Price:||Buy Price:|. 1 Oz Krugerrand Gold Coin for Sale. So, the South African government, seeking an opportunity to make the most of a new marketplace and make gold ownership legal, created the gold bullion Krugerrand coin and sold each one at 5% over the spot price. The ultra sound measures the patency of the correct amount of finegold. Country of Origin: Südafrika. Some patina in the crevices. For some, the South African Gold Krugerrand is not well known and it is common to see the coin referred to as Krugerand, Kruggerrand and Cougaran.
Well packed (really too much packing for just one coin) by APMEX and another smooth transaction. Witwatersrand is until today an important gold mining area. Before minting the first coins it was decided to use the more resistant to scratches 22 karat alloy which had been used since 1817 in the British Sovereign coins. The Krugerrand was so successful that by 1980, its had achieved a 90% share of the global gold coin market. So, if you'd like to learn more drop us a line on 020 7871 0532, or why not pop into our London, St. James's Street Showroom to speak to us in person? Please call for cash and quantity discounts and, as always, save 3% with check or bank wire.
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